Our team of experts at Docutech continually reviews requirements for document changes and publishes real-time updates. To help keep you in the know, the monthly Docutech Compliance Recap brings you the most recent compliance updates. Here’s our latest recap:
Docutech, a First American Company, and First American Mortgage Solutions are bringing together their premier digital document solutions to seamlessly maximize efficiency for lender and servicer document services. The integrated approach enables Docutech to deliver a robust portfolio of digital document solutions from origination to post-closing and servicing in the mortgage industry.
Here are the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
Investing in Technology for Long-Term Growth
Conditions are challenging for lenders in today’s down-market cycle, which is leading many mortgage finance institutions to feel pressure to cut costs and pause technology investments. This approach, however, can lead companies to trail behind their competition when the market returns. To remain competitive, successful lenders future-proof their operations by staying focused on executing their technology strategy.
Mortgage fintech SMEs from First American and Docutech® join the roster of participants who brainstormed innovative concepts that could revolutionize mortgage finance.
Expert insights to help you capture and retain those elusive savings.
While eClose solutions in the mortgage finance industry have been around for many years, the challenges of the pandemic in 2020 accelerated the appeal among lenders. Since then, the desire to have eClose options available has continued to grow, with more and more lenders recognizing the competitive advantages these digital solutions provide.
Here’s the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
Many government agencies have recently issued guidance and provided resources to assist financial institutions in serving consumers with Limited English Proficiency (LEP). The Consumer Financial Protection Bureau (CFPB) issued a bulletin in January of 2021, Fannie Mae (FNMA) and Freddie Mac (FHLMC) are providing foreign language translation aids for their uniform instruments, and last month The Federal Housing Administration (FHA) has made more than 30 foreign language mortgage documents and resources available to support origination of FHA-insured mortgages.
Here’s the latest and greatest compliance updates from our team of experts who are continually reviewing requirements for document changes and publishing real-time updates.
